Information Technology

Arabsat and KACST sign contracts worth US$650mn

satellite-NASAsMarshallSpaceFlightCenter-flickrSaudi Arabia’s Arabsat and King Abdulaziz City for Science and Technology (KACST) have signed contracts worth US$650mn with Lockheed Martin and Arianespace for the manufacture and launch of two satellites

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Data centre space in UAE and Saudi Arabia increased by 60 per cent in three years

datacentre1-andrewtonn-flickrData centre space in the UAE and Saudi Arabia have increased by 60 per cent since 2012, stated a report from Tariff Consultancy Ltd (TCL)

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Emirates NBD to facilitate quick money transfer to ICICI account holders

emiratesnbd-otaphotos-flickrUAE’s Emirates NBD has tied up with India’s ICICI Bank to enable instant money transfers through the DirectRemit service

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Nokia to take over Alcatel Lucent for US$16.6bn and create new company

NokiaFinland-Estormiz-WCFinnish telecom company Nokia has decided to buy French telecom firm Alcatel Lucent for an estimated US$16.6bn

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‘IIoT the new wave towards smarter industrial performance’

NI-WThe Industrial Internet of Things (IIoT) can be characterised as vast numbers of connected industrial systems that communicate and coordinate their data analytics and actions to improve industrial performance and make the world a smarter place, according to study by National Instruments

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